When close to half the companies in India have price-to-earnings ratios (or “P/E’s”) below 30x, you may consider Britannia Industries Limited (NSE:BRITANNIA) as a stock to avoid entirely with its 53.1x P/E ratio. However, the P/E might be quite high for a reason and it requires further investigation to determine if it’s justified. Recent times haven’t been advantageous for Britannia Industries as its earnings have been rising slower than most other companies. It might be that many…
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Britannia Industries Limited’s (NSE:BRITANNIA) Shareholders Might Be Looking For Exit
